"I'm convinced, if you worry about something long enough, it doesn't happen," he says. Polls show many people think we're in a recession even though they think their economic situation is good. CNN and Fox put out alerts to your phone every 30 minutes; imagine that they could only put out one news story for the last 100 years. "We've got the Goldilocks economy right now."
The Fed eases up on the brakes, Elon Musk looks for new ways to monetize Twitter, and Snap has another rough quarter. Also: Meta may have prevailed in a fight with the FTC. Today’s Friend of Pivot is Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the DOJ. He stops by to discuss Google, antitrust, and his agency's fight against monopolies.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
Learn more about your ad choices. Visit podcastchoices.com/adchoices